Pepperstone – Minimum Deposit

Pepperstone – Minimum Deposit

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Pepperstone - Minimum Deposits

 

Overall Rating

4.9/5

Rated #10 of
Recommended FX Brokers

💰Minimum Deposit

USD 10

🌐 Regulators

ASIC, FCA, CySEC, BaFin, DFSA, SCB, CMA

📱 Trading Desk

MetaTrader 4, MetaTrader 5 and cTrader

Crypto

Yes

📈 Total Pairs

1000+

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Our Pepperstone Minimum Deposits Revealed:

 

Minimum Deposit

Pepperstone has a minimum deposit requirement of AU$200.

 

This is equivalent to 2,245 ZAR at the average exchange rate between the Australian Dollar and the South African Rand. The minimum deposit amount that traders must pay is the same across account types and once this is paid, traders can start participating in different trading activities on Pepperstone’s trading platforms.

 

Pepperstone is one of the largest and most trusted brokers in the world. The broker is regulated, authorized, and overseen by ASIC, FCA, DFSA, SCB, CySEC, BaFin, CMA. Under these licenses, Pepperstone is held to extremely strict requirements regarding overall operation, client fund security, and investor protection schemes.

 

All funds that are deposited into trading accounts are not held by Pepperstone in a broker account. These funds are kept in segregated accounts with top-tier banks. The funds are not used for operational purposes, trading purposes by the broker to hedge positions or any other activities.

 

These funds go towards trading activities that are carried out by traders and the funds can be withdrawn from the trading account at any given time without delay.

 

Deposit fees and deposit methods

Pepperstone does not charge any deposit fees according to the official website. When traders pay the minimum deposit amount of AU$200, they can use any of the following payment methods:

  • Credit cards
  • Debit Cards
  • Bank transfer
  • PayPal

 

When traders deposit the minimum deposit, they can use the following deposit currencies:

  • USD
  • AUD
  • JPY
  • GBP
  • EUR
  • CAD
  • CHF
  • NZD
  • SGD
  • HKD

 

Step by step guide to depositing the minimum amount

Once traders have verified their trading account, they can follow these steps to make the initial minimum deposit:

  • Traders can log into their client portal using their credentials and select the option to make a deposit
  • Traders can choose their preferred deposit method and enter the amount that they wish to deposit, from AU$200 and more
  • Traders can select their preferred deposit currency from the list provided and confirm their deposit

 

Depending on the payment method, traders may be subject to additional verifications before the deposit can be made. Traders must select their deposit method carefully because withdrawals that are requested later will be sent back using the same method selected for deposits.

 

Traders must make deposits from an account that shows the same name that the trader registered their Pepperstone live trading account. If funds are received from unknown sources or third parties, the funds will be returned.

 

Pepperstone prohibits unknown deposits and third-party payments as part of strict Anti-money laundering policies.

 

Pros and Cons

PROS CONS
Several flexible funding options are offered High minimum deposit required to register an account
Traders have a choice between different deposit currencies
Deposit fees are not charged
Quick and easy fund deposit procedure ensured

 

You might also like: Pepperstone Account Types

You might also like: Pepperstone Demo Account

You might also like: Pepperstone Fees and Spreads

You might also like: Pepperstone Islamic Account

 

Overall Rating

4.9/5

Rated #10 of
Recommended FX Brokers

💰Minimum Deposit

USD 10

🌐 Regulators

ASIC, FCA, CySEC, BaFin, DFSA, SCB, CMA

📱 Trading Desk

MetaTrader 4, MetaTrader 5 and cTrader

Crypto

Yes

📈 Total Pairs

1000+

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

FAQ

What is the minimum deposit required to open an account with Pepperstone?

AU$200.

 

How do you make a deposit and withdraw money with Pepperstone?

  • Credit cards
  • Debit Cards
  • Bank transfer
  • PayPal

 

Does Pepperstone charge withdrawal fees?

No, Pepperstone does not charge any withdrawal fees. However, banks may charge intermediary fees that traders will be liable for.

 

How long does it take to make a withdrawal?

According to the official Pepperstone website, withdrawals can take between one and three working days.